Solidity Finance has announced a major change to the company that will take place in the upcoming months. Starting on August 28th the company will be operating under a new name, “SourceHat”, aiming to expand its operations to serve the larger Web3 space. Solidity Finance is an industry-leading provider of auditing services for smart contracts written in the Solidity programming language and the firm has worked tirelessly over the past several years to build its reputation to become what it…
Decentralize
What are Oracles and Why Do Smart Contracts Need Them?
"An oracle is a person or agency considered to provide wise and insightful counsel or prophetic predictions or precognition of the future, inspired by the gods" - this is the literal definition of an oracle. When moving to the software world, the word keeps much of what it used to mean, with a few tweaks here and there. Leaving aside predictions and Godly figures, Oracles are, in a strict software sense, external data feeds used by software engineers and developers to…
3 years ago 
1.6 k views